8104 5Th AveBrooklyn, NY 11209

This exceptional mixed-use investment opportunity in prime Bay Ridge, Brooklyn presents a rare chance to acquire a substantial property with significant upside potential. The property, located at 8104-8106 5th Ave, consists of two buildings totaling 8,500 square feet on a 4,000 square foot lot. The buildings boast a three-story design and encompass five units: a four-family residential component and a ground-floor retail space. Currently, all apartments are vacant except for one undergoing updates, and the retail space is in negotiations with a prospective tenant. This presents an owner/user the opportunity to customize the space to their needs or a savvy investor the chance to maximize rental income. The property offers a compelling 5.25% cap rate with a current Net Operating Income (NOI) of $222,000, making it an attractive investment for those seeking strong returns. The asking price is $4,228,888. The property is zoned R6B, C1-3, and BR, allowing for a variety of uses. This is an ideal opportunity for a 1031 exchange or for an investor seeking a stable, high-performing asset in a thriving Brooklyn neighborhood. The buildings are in excellent condition, promising a low-maintenance investment.